Vice President – Insurance

Vice President – InsuranceAbu Dhabi, UAEUAE Nationals OnlyA leading Abu Dhabi-based organization is seeking an experienced Vice President – Insurance to lead and manage its insurance function. This role will play a key part in supporting business growth through effective risk assessment, insurance strategy, contract advisory, and claims management.Key ResponsibilitiesEnsure the efficient operation of the insurance function to support internal stakeholders across the organization.Independently assess risks and develop risk transfer strategies through contractual and insurance solutions.Assist in devising and implementing insurance renewal strategies to optimize coverage and cost efficiency.Manage the full insurance program lifecycle, including strategy development, data collection, policy placement, negotiations, and documentation.Oversee the claims management process, including recording, advising, monitoring, and closure.Conduct risk assessments and determine appropriate indemnity limits in contracts in line with internal guidelines.Review, negotiate, and draft indemnity clauses and insurance provisions throughout the contract lifecycle.Provide advisory support during the full contract lifecycle (tendering to closure), including negotiations and issue resolution.Advise business units on insurance-related matters across various functions.Liaise and manage relationships with internal stakeholders, brokers, insurers, loss adjusters, and surveyors.Ensure timely renewal and adjustment of insurance policies at optimized premiums.Manage insurance budgets and oversee premium payments.RequirementsExperienceMinimum 10+ years of insurance experience.At least 3+ years with an insurance broker, insurance company, real estate developer, or large corporate organization, preferably within the MENA region.Minimum 4+ years of managerial experience.Sector ExpertiseStrong experience in general insurance lines, particularly property and liability insurance.Technical & Interpersonal SkillsStrong understanding of risk assessment and risk quantification.Hands‑on experience managing various general insurance lines.Knowledge of contract law and indemnity provisions.Strong negotiation, decision‑making, and stakeholder management skills.Ability to work independently and manage complex insurance programs.QualificationsBachelors degree in Finance, Accounting, Business, Law, or related field.Professional insurance certification such as ACII, CPCU, or equivalent preferred.Due to the high volume of applications please note that only shortlisted candidates will be contacted.#J-18808-Ljbffr